Quick Summary of AMZN, GOOGL, META, and MSFT Earning Releases
Alphabet (GOOGL)Strong beat on both top and bottom lines.
Revenue ~$109.9B (beat estimates), driven by resilient advertising and accelerating Google Cloud growth.
Heavy AI spending continued (capex guidance significantly higher).
Amazon (AMZN)Solid beat: Revenue ~$181.5B, EPS $2.78 (well above ~$1.62 consensus).
AWS growth remained robust with strong AI infrastructure demand, though margins and capex were key focus areas.
Meta Platforms (META)Big beat: Revenue $56.3B, EPS $10.44 (vs ~$8.15 expected).
Advertising business very strong, but raised full-year capex guidance sharply due to AI infrastructure buildout.
Microsoft (MSFT)Beat expectations with solid Azure and Cloud growth.
AI-related demand (Copilot, Azure AI) was a major positive, though capex remains elevated.
Overall Theme: All four companies posted strong beats, driven by resilient advertising and accelerating AI/Cloud demand. However, massive AI-related capex remains the dominant investor concern, with several companies raising spending guidance.